Yole Développement (Yole) says that the microdisplay market is set for impressive growth in the next few years. By 2025, the total market will reach $4.2 billion in revenues (CAGR from 2020 to 2025 at 100%), while microdisplays for AR headsets will generate $1.8 billion.

This optimistic forecast has a warning though - it all depends whether next-generation display technologies will deliver on their promises - and whether actual use-cases will be found and commercialized.

According to Digitimes, Foxconn is developing its own AR glasses product, which it hopes to launch in 2022. The report says that Foxconn will first target smart retail, factories and medical care for its AR system.

Digitimes also says that these AR glasses will be based on microLED microdipslays, which are being developed by EOSRL (part of ITRI). EOSRL apprantly developed its own blue-light 5-micron LED technology with QD color conversion that enable it to produce 2000 PPI displays. First displays are expected to be produced in Q1 2021.